Zhejiang Consumers Council announced on Thursday that in order to stay on top of livestreaming e-commerce, the organ tested five major platforms including Taobao, Pinduoduo, JD.com, Kuaishou and Douyin.
Taobao's anchor sales list showed that the final sales of Chinese livestream salesman Li Jiaqi on the first live-streaming event of this year's 11.11 Shopping Festival reached 10.653 billion yuan ($1.7 billion).
Li Jiaqi and Li Ziqi became Internet celebrities through different paths, but both of them are examples of a new era in the Chinese wanghong (Internet celebrity) economy.
